PROG Holdings Inc

NYSE PRG

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PROG Holdings Inc Pre-Tax Margin for the Trailing 12 Months (TTM) ending March 31, 2024: 10.70%

PROG Holdings Inc Pre-Tax Margin is 10.70% for the Trailing 12 Months (TTM) ending March 31, 2024, a -57.62% change year over year. Pre-tax margin represents the proportion of a company's earnings before taxes (EBT) to its revenue. It is calculated by dividing the EBT by the revenue. This ratio indicates the profitability of the company's operations before the impact of taxes. A higher pre-tax margin suggests that the company generates a larger proportion of revenue as pre-tax profit, indicating stronger operational performance and efficiency.

PROG Holdings Inc Pre-Tax Margin for the Trailing 12 Months (TTM) ending March 31, 2023 was 25.25%, a 151.46% change year over year.
PROG Holdings Inc Pre-Tax Margin for the Trailing 12 Months (TTM) ending March 31, 2022 was 10.04%, a -61.96% change year over year.
PROG Holdings Inc Pre-Tax Margin for the Trailing 12 Months (TTM) ending March 31, 2021 was 26.40%, a -37.23% change year over year.
PROG Holdings Inc Pre-Tax Margin for the Trailing 12 Months (TTM) ending March 31, 2020 was 42.05%, a -12.23% change year over year.

NYSE: PRG

PROG Holdings Inc

CEO	Mr. Steven A. Michaels
IPO Date	Sept. 7, 1984
Location	United States
Headquarters	256 West Data Drive, Draper, UT, United States, 84020-2315
Employees	1,606
Sector	Industrials
Industry	Rental & leasing services

Description

PROG Holdings, Inc., a financial technology holding company, provides payment options to consumers. It operates through three segments: Progressive Leasing, Vive, and Four. The company owns Progressive Leasing, an in-store, app-based, and e-commerce point-of-sale lease-to-own solutions provider; and Vive Financial, an omnichannel provider of second-look revolving credit products. It also offers buy now pay later payment options through four interest-free installments; and Build, a credit building financial management tool. The company was formerly known as Aaron's Holdings Company, Inc. and changed its name to PROG Holdings, Inc. in December 2020. PROG Holdings, Inc. was founded in 1955 and is based in Draper, Utah.

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